MOCK TEST

DKGS
1. Why can't a check for example be paid using one's service or labor?
2. Assuming the parties to a contract of sale are Rodrigo, Leni, Bong and
Bato, illustrate the concept of Accumulation of Secondary Contracts.
3. Garudo paid his rental for the month of August using a postdated check.
When Garudo insisted that he be given an official receipt as payment for
his rental right away, the lessor refused contending that Garudo, strictly
speaking, is not paid yet. Who between the two is correct? State your
legal basis.
4. Can you enumerate at least 5 non-negotiable instruments?
5. Illustrate a bill of exchange where:
Lucia is the drawee, Vera is the payee, and Maria is the drawer
6. Choose one between the two assigned cases and discuss here the ruling
that is applicable to our topic today. (Salas v. CA and First Finance and
Leasing Corp. or Philippine Education Co., Inc. v. Soriano)
7. A made a note in favor of B or order and authorized the latter to fill out
the amount in blank with P10,000. However, B inserted P20,000 in
violation of the instruction given. B negotiated the note to C who had
knowledge of the infirmity. C thereafter negotiated the instrument to D
who had no knowledge of the infirmity and took it for value. Finally, D
negotiated it to E who had knowledge of the infirmity.
Can E hold A liable on the instrument? Explain.
8. A issued a bill payable to B or order. It was found out later on that B and
his friend X fraudulently induced A in making such issuance. Thereafter,
B indorsed the note to C, C indorsed it D, D indorsed to E, a HIDC, then
E indorsed it to X. 
Can X hold A secondarily liable? Explain.
9. In the case of De Ocampo vs Gatchalian:
a. Can you name the parties to the check?
b. What were the arguments of the defendant?
c. What is the issue and the ruling of the SC relevant to our topic?